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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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Biography

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex broker to obtain a Swiss banking license. Since its foundation in 2003, MIG BANK specializes in online Forex trading and remains a leading Forex broker for clients in more than 120 countries.

  • USD/CHF - Consolidating

    Published 01 December 2015 | viewed 0 times

    USD/CHF is now consolidating and is still trading around its five-year high. Hourly support is given by the lower bound of the uptrend channel around…

  • GBP/USD - Breaking Support at 1.5027

    Published 30 November 2015 | viewed 0 times

    GBP/USD has broken, as expected, hourly support at 1.5027 (06/11/2015 low). Hourly resistance is given at 1.5336 (19/11/2015 high). Strong resistance can be found at…

  • EUR/CHF - Short-Term Bullish

    Published 27 November 2015 | viewed 0 times

    EUR/CHF is pushing higher. Yet the technical structure indicates that the pair is trading without any real direction (lower highs and higher lows). Yet, a…

  • EUR/USD - Riding Downtrend Channel

    Published 26 November 2015 | viewed 0 times

    EUR/USD is consolidating around 1.0600 and remains in a downtrend channel. The technical structure is clearly negative. Hourly support at 1.0591 (23/11/2015 low) has been…

  • USD/JPY - Momentum Reversal

    Published 25 November 2015 | viewed 0 times

    USD/JPY has reversed recent bullish momentum, correcting sharply lower. Support is located at 122.23 (16/11/2015 low). Expected break of the support at 122.23. A long-term…

  • Gold - Weakening

    Published 24 November 2015 | viewed 0 times

    Gold has bounced slightly off 1067 yet technical structure indicates further bearish momentum. Support is given at 1045 (05/02/2015 low) and hourly resistance is given…

  • GBP/USD - Declining Sharply

    Published 23 November 2015 | viewed 0 times

    GBP/USD has weakened below 1.5200. Hourly support can be found at 1.5027 (06/11/2015 low). Strong resistance can be found at 1.5529 (22/09/2015 high). Expected to…

  • EUR/USD - Heading Lower

    Published 20 November 2015 | viewed 0 times

    EUR/USD remains in a downtrend channel. The technical structure is clearly negative. The pair lies above 1.0600. Hourly support is given at 1.0617 (18/11/2015). Hourly…

  • EUR/GBP - Weakening

    Published 19 November 2015 | viewed 0 times

    EUR/GBP keeps on declining. The technical structure still shows a clear negative pattern. Hourly support lies at at 0.6982 (17/11/2015 low) has been broken. Resistance…

  • USD/JPY - Fading Below Resistance at 123.60

    Published 18 November 2015 | viewed 0 times

    USD/JPY is strengthening and remains in an uptrend channel. Hourly resistance lies at 123.60 (09/11/2015 high). The short-term technical structure favours a further rise. Strong…

  • USD/CHF - Pushing Higher

    Published 17 November 2015 | viewed 0 times

    USD/CHF is increasing confirming persistent buying interest. The pair is riding a uptrend channel. Hourly support is given at 0.9944 (06/11/2015 low). Expected to further…

  • AUD/USD - Short Term Bearish

    Published 16 November 2015 | viewed 0 times

    AUD/USD is still in a downtrend channel. Hourly support lies at 0.7017 (08/11/2015 low). Hourly resistance can be found at 0.7159 (13/11/2015 high). Expected bouncing…

  • EUR/USD - Breaking The Downtrend Channel

    Published 13 November 2015 | viewed 0 times

    EUR/USD is retracing around 1.0800. Hourly support lies at 1.0675 (10/11/2015 low). Hourly resistance can be found at 1.0897 (05/11/2015 high). The technical structure remains…

  • USD/CAD - Bearish Consolidation

    Published 12 November 2015 | viewed 0 times

    USD/CAD is heading slightly downwards but the pair remains in an upside momentum. Resistance can be found at 1.3318 (06/11/2015 high). Significant supports stand at…

  • EUR/USD - Breaking 1.0700

    Published 11 November 2015 | viewed 0 times

    EUR/USD has set a new hourly support at 1.0675 (10/11/2015 low). Hourly resistance lies at 1.0897 (05/11/2015 high). The technical structure is clearly negative. Stronger…

  • Silver - Declining

    Published 10 November 2015 | viewed 0 times

    Silver has broken hourly support at 14.94 (05/11/2015 low). The potential medium-term base formation and the short-term challenge to range support favours a bearish bias.…

  • GBP/USD - Moving Sharply Lower

    Published 09 November 2015 | viewed 0 times

    GBP/USD is declining sharply invalidating the recent short-term uptrend and suggesting a deeper corrective phase. Next support can now be found at 1.5026. Hourly resistances…

  • GBP/USD - Sharp Decline Thru Key Support

    Published 06 November 2015 | viewed 0 times

    GBP/USD has broken the support at 0.9007, invalidating the recent short-term uptrend and suggesting a deeper corrective phase. Next supports can now be found at…

  • USD/JPY - The Key Resistance at 121.75 Has Held Thus Far

    Published 05 November 2015 | viewed 0 times

    The key resistance at 121.75 has held thus far. USD/JPY continues to rise within its range after failing to challenging its recent lows at 120.80…

  • EUR/USD - Challenging the Key Support at 1.0900

    Published 04 November 2015 | viewed 0 times

    EUR/USD continues to decline, as can be seen by the break of the support at 1.0936 (03/11/2015 low) and 1.1006 (uptrend rising channel). Prices are…

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